(1) For the purposes of this section -
(a) a debt for money loaned shall, to the extent to which that money is applied in or towards satisfying another debt, be deemed to be a debt incurred for satisfying that other debt, and a debt incurred for satisfying in whole or in part a debt within subsection (2)(c) shall itself be treated as within that subsection, and
(b) "lender", in relation to any money loaned, includes any person for the time being entitled to repayment.
(2) For the purposes of section 71(3), any income arising from securities and possessions in any place outside the State which is applied outside the State by a person ordinarily resident in the State in or towards satisfaction of -
(a) any debt for money loaned to such person in the State or for interest on money so loaned,
(b) any debt for money loaned to such person outside the State and received in or brought to the State, or
(c) any debt incurred for satisfying in whole or in part a debt within paragraph (a) or (b),
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